LyondellBasell, Nexus Circular sign supply agreement

Atlanta-based Nexus Circular has signed a long-term contract with LyondellBasell, which has U.S. headquarters in Houston, to supply approximately 24,000 tons of recycled feedstock per year.

Nexus Circular uses proprietary technology to convert used plastics into materials to make virgin-quality circular plastics. Since 2018, Nexus says it has been supplying commercial volumes of International Sustainability & Carbon Certification Plus-certified circular liquid products, having diverted more than 8 million pounds of used plastics from landfill.

The recycled feedstock for the supply agreement will be produced at Nexus Circular’s new advanced recycling facility, which will begin construction in 2023. Nexus tells Recycling Today this site was selected based on an optimal combination of feedstock logistics, offtake partner logistics and regional development dynamics. The new facility will convert mixed plastics into recycled feedstock.

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Nexus tells Recycling Today the companies signed a 10-year contract with options to extend and expand the commitment to enable sustained supply beyond the initial 10-year term.

LyondellBasell says it plans to use Nexus Circular’s recycled feedstock at its Channelview, Texas, facility to produce new plastics, which will be marketed under its CirculenRevive brand.

“Customers and brand owners need sustainable solutions to meet their 2030 recycling commitments, and this contract is a concrete step toward advancing partnerships across the value chain,” says Yvonne van der Laan, executive vice president of Circular and Low Carbon Solutions at LyondellBasell. “This agreement is aligned with our circularity ambitions, advancing us closer to our 2030 goal.”